Stanley Electric Co (6923) AI Stock Analysis

• Market Cap: ¥417.74B
• Dividend Yield: 2.43%
• Average Volume (3M): 545.44K
• Price to Earnings (P/E): 13.6
• Beta (1Y): 0.79
• Revenue Growth: 7.87%
• EPS Growth: 25.91%
• Country: JP
• Employees: 16,778
• Sector: Consumer Cyclical
• Sector Strength: 68
• Industry: Auto - Parts
• EPS (TTM): 205.73
• Shares Outstanding: 152,000,000
• 10 Day Avg. Volume: 629,890
• 30 Day Avg. Volume: 545,443
• PEG Ratio: 1.62
• Price to Book (P/B): 0.78
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ¥2,524.62
• Price Target Upside: -9.58% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 2

• Rating: 81 Outperform
• Price Target: ―

Stanley Electric Co receives a robust overall score, driven primarily by its strong financial performance characterized by consistent revenue growth and profitability. The technical analysis also supports positive momentum, though caution is noted with potential overbought conditions. The valuation is appealing with a reasonable P/E ratio and a solid dividend yield.

Stanley Electric Co Business Overview & Revenue Model

Company Description

Stanley Electric Co., Ltd., together with its subsidiaries, manufacture, sells, and import/export of automotive and other light bulbs. It operates through Automotive Equipment, Electronic Components, and Applied Electronic Products segments. The Automotive Equipment Business segment offers LED, HID, and halogen headlamps; rear combination, turn signal, and fog lamps; and automotive LED and light bulbs, etc. The Electronic Components Business segment provides ultraviolet (UV), visible light, and infrared LEDs; optical sensors, liquid crystal display (LCD) devices, and UV cold cathode lamps; and sub miniature lamps, etc. The Applied Electronic Products Business segment offers LED lighting for landscape, road, etc.; operating panels; backlighting units for LCDs; flash units for cameras; and sensors for automobiles, etc. The company also offers measuring instruments, medical equipment, and other equipment, as well as develops and sells software. It operates in Japan, the Americas, the Asia-Pacific, China, and internationally. Stanley Electric Co., Ltd. was founded in 1920 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Stanley Electric Co. generates revenue primarily through the sale of its automotive lighting products, which are supplied to major automobile manufacturers around the world. The company's revenue streams include OEM (Original Equipment Manufacturer) contracts with car manufacturers, aftermarket sales, and the provision of electronic components to various industrial clients. Significant partnerships with global automotive companies contribute to its earnings, allowing Stanley Electric to maintain a strong presence in international markets. The company's focus on innovation and quality helps sustain its competitive advantage and ensures continued demand for its products.

Stanley Electric Co Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
492.90B	472.40B	437.79B	382.56B	359.71B	391.62B
	Gross Profit
95.44B	82.89B	81.27B	70.88B	74.97B	68.42B
	EBIT
41.37B	35.83B	34.93B	27.74B	35.90B	24.83B
	EBITDA
78.22B	80.24B	76.28B	64.06B	69.33B	56.46B
	Net Income Common Stockholders
31.64B	26.50B	26.50B	21.45B	22.92B	18.55B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
239.47B	198.64B	173.41B	150.75B	138.58B	133.68B
	Total Assets
794.07B	708.26B	629.61B	585.38B	541.02B	494.37B
	Total Debt
63.75B	14.28B	14.17B	12.58B	12.72B	12.93B
	Net Debt
-175.71B	-180.37B	-159.24B	-137.87B	-125.36B	-120.55B
	Total Liabilities
175.21B	118.90B	93.48B	96.42B	96.37B	96.38B
	Stockholders Equity
501.61B	524.80B	476.64B	434.94B	399.63B	358.97B
Cash Flow		Free Cash Flow
0.00	38.45B	40.01B	7.98B	15.45B	21.19B
	Operating Cash Flow
0.00	65.55B	76.28B	36.88B	46.64B	63.21B
	Investing Cash Flow
0.00	-31.56B	-56.43B	-20.26B	-41.65B	-58.39B
	Financing Cash Flow
0.00	-25.95B	-3.82B	-13.48B	-13.02B	-21.73B

Stanley Electric Co Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2792.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6923, the sentiment is Positive. The current price of 2792 is above the 20-day moving average (MA) of 2714.32, above the 50-day MA of 2687.02, and above the 200-day MA of 2617.88, indicating a bullish trend. The MACD of 38.73 indicates Negative momentum. The RSI at 59.86 is Neutral, neither overbought nor oversold. The STOCH value of 75.68 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6923.

Stanley Electric Co Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6923	81 Outperform	¥417.74B	13.62	6.26%	2.43%	7.87%	25.91%
7287	80 Outperform	¥79.42B	13.08		3.64%	1.29%	19.15%
7266	74 Outperform	¥16.05B	7.33		2.87%	-5.40%	―
7276	72 Outperform	¥540.61B	11.22	7.02%	3.03%	-3.53%	21.38%
7283	70 Outperform	¥110.09B	8.20		3.91%	7.29%	13.03%
7244	68 Neutral	€34.65B	7.37	6.95%	3.82%	-10.60%	-27.09%
Sector *	62 Neutral	$6.83B	11.28	2.95%	3.88%	2.70%	-24.56%

Stanley Electric Co Corporate Events

Stanley Electric Co. Enhances Internal Control Policies

Stanley Electric Co., Ltd. has announced a partial amendment to its ‘Basic Policies Regarding the Establishment of Internal Control System’ to enhance corporate governance and operational efficiency. The changes include strengthening legal compliance frameworks, improving risk management systems, and ensuring efficient execution of duties by directors and employees. These amendments aim to bolster the company’s internal controls, risk management, and corporate ethics, potentially improving stakeholder confidence and operational integrity.

The most recent analyst rating on (JP:6923) stock is a Buy with a Yen3400.00 price target. To see the full list of analyst forecasts on Stanley Electric Co stock, see the JP:6923 Stock Forecast page.

Stanley Electric Announces Dividend Distribution for Fiscal Year 2025

Stanley Electric Co., Ltd. announced a dividend distribution from retained earnings, with a dividend of 40 yen per share for the fiscal year ending March 31, 2025. This decision aligns with the company’s financial strategy to maintain stable dividends and achieve a consolidated dividend payout ratio of 30% or more, reflecting a commitment to providing appropriate profit returns to shareholders.

The most recent analyst rating on (JP:6923) stock is a Buy with a Yen3400.00 price target. To see the full list of analyst forecasts on Stanley Electric Co stock, see the JP:6923 Stock Forecast page.

Stanley Electric Achieves Record Sales Amid Global Expansion

Stanley Electric Co., Ltd. reported record-high net sales of 509.56 billion yen for FY2025/3, marking a 7.9% increase from the previous year. This growth was driven by strong performance in the Americas and Asia, particularly in the motorcycle segment, and the consolidation of Thai Stanley Electric Public Co., Ltd. Despite challenges such as weak Japanese automobile sales in China and Asia, the company minimized impacts through structural improvements and rationalization efforts.

Stanley Electric and Mitsubishi Electric Mobility Form Joint Venture for Next-Gen Vehicle Lamp Systems

Stanley Electric Co., Ltd. and Mitsubishi Electric Mobility Corporation have signed an integration agreement to establish a joint venture for the lamp system business targeting next-generation vehicles. This joint venture aims to leverage the strengths of both companies to develop high-value-added products that contribute to a sustainable society with zero traffic fatalities. The integration involves an absorption-type company split, with operations expected to commence in the first half of fiscal year 2025, pending regulatory clearances.

Stanley Electric Revises Shareholder Return Policy for Enhanced Capital Efficiency

Stanley Electric Co., Ltd. announced a change in its shareholder return policy to enhance capital efficiency. The new policy aims to provide stable dividends with a dividend on equity ratio of 3.5% or a target consolidated dividend payout ratio of 40%, whichever is higher, effective from the fiscal year ending March 31, 2026. This change reflects the company’s focus on optimizing shareholder returns while maintaining a strong financial structure.

Stanley Electric Revises Dividend Forecast for Fiscal Year 2025

Stanley Electric Co., Ltd. announced a revision of its dividend forecast for the fiscal year ended March 2025, increasing the year-end dividend per share by 8 yen to 40 yen, resulting in an annual dividend of 72 yen per share. This decision aligns with the company’s financial strategy to maintain stable dividends and ensure appropriate profit distribution, reflecting recent performance trends and a solid financial position.

Stanley Electric Co. Reports Strong Financial Growth and Strategic Dividend Policy Revision

Stanley Electric Co., Ltd. reported a notable increase in its consolidated financial results for the fiscal year ended March 31, 2025, with net sales rising by 7.9% and operating profit increasing by 36.7%. The company also announced a revised dividend policy to enhance shareholder returns, reflecting a focus on stability and capital efficiency. The inclusion of Thai Stanley Electric Public Co., Ltd. in its consolidation scope indicates strategic expansion, while the company remains cautious about future forecasts due to potential impacts from U.S. trade dynamics.

Stanley Electric Announces Board Changes for Strategic Realignment

Stanley Electric Co., Ltd. announced changes in its board of directors and audit & supervisory board members, effective April 1, 2025. These changes include new appointments and retirements, which are expected to impact the company’s strategic direction and governance structure, potentially influencing its market position and stakeholder relations.